Wall Street Focuses on Meta as AI Rally Wobbles
Wall Street turns its attention to upcoming corporate earnings reports led by Meta Platforms. Recent stumbles in artificial intelligence stocks will test investor confidence as markets watch for returns on heavy infrastructure spending.
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Meta Platforms and other tech bellwethers face a high-stakes earnings week as the S&P 500 sits down 1% from its record high. AI-linked shares stumbled recently, with Dell Technologies and semiconductor firms leading declines amid jittery investor sentiment. The upcoming results will test whether massive infrastructure outlays can deliver sustainable profitability before costs catch up.
